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9 & 10/53 Front Street
Mossman QLD 4873
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Sold on 28 Aug 2024

9 & 10/53 Front Street Mossman QLD 4873

  • Offices
  • 109 m²
  • Sold, $350,000

AFFORDABLE COMMERCIAL OPPORTUNITY - LONG STANDING TENANT WITH A 7.1% RETURN

    Set on 2 titles this 109 sqm Mossman Street frontage office boasts a secure long standing tenant, a reputable blue chip business in the Douglas Shire for over 50 years.

    • New fit out in 2021 which is included in the sale
    • 15 year lease with 2 x 5 year options with 12.5 years remaining
    • Current annual rent is $26,524 plus gst
    • Fixed rent increases each year of 3% or CPI if higher
    • Tenant pays 100% of outgoings - council rates, body corp fees, water & electricity.
    • Great Super Fund investment at a 7.1% plus return

    For further information or to discuss the property further contact Mark Flinn on 0405 646 313

    Ray White Port Douglas
    Ray White Port Douglas
    2/24 Wharf St
    Port Douglas, QLD 4877

    Property Highlights

    Date Sold28 Aug 2024
    Sold Price$350,000
    Floor Area109 m²
    Land Area109 m²
    Energy0-star NABERS Energy rating
    ParkingAsk Agent
    Property ID2019230218
    Category
    Last updated  30 Aug 2024
    Map for 9 & 10/53 Front Street Mossman QLD 4873
    Ray White Port Douglas
    Ray White Port Douglas
    2/24 Wharf St
    Port Douglas, QLD 4877

    Property Highlights

    Date Sold28 Aug 2024
    Sold Price$350,000
    Floor Area109 m²
    Land Area109 m²
    Energy0-star NABERS Energy rating
    ParkingAsk Agent
    Property ID2019230218
    Category
    Last updated  30 Aug 2024

    Listed by

    Mark Flinn
    Ray White Port Douglas
    Call
    0405646313

    More about 9 & 10/53 Front Street Mossman QLD 4873

    9 & 10/53 Front Street Mossman QLD 4873 is categorized as Office. It has a floor area of 109 m². The listing ID for this property is 2019230218.

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